PYMNTS

JULY 10, 2019

The service automatically extracts data from invoices, PDFs and other trade documents and automates accounts payable while storing payables information for reconciliation and accounting. The invoice processing solution augments Cambridge Global Payments’ existing offering of global payments and foreign exchange management solutions.

Foreign Exchange 64

Foreign Exchange Accounts Payable Invoicing Reconciliations 64

PYMNTS

DECEMBER 10, 2020

The financial institution or corporate client gets transparency into fees and foreign exchange rates as well as visibility of payment settlement. The tool is aimed at improving speed, security, transparency and compliance. . 10) press release. Customers can make payments via Bank of America’s SWIFT gpi solution.

Foreign Exchange 104

Foreign Exchange Banking Treasury Compliance 104

Global Finance

OCTOBER 11, 2024

Previously announced honors include Best Global Transaction Bank, Best Bank for Sustainable Finance, Best Islamic Financial Institution, Best Investment Bank, Best Cash Management Bank, Best Trade-Finance providers, Best Supply Chain Finance providers, Best Foreign Exchange Provider, Best Private Bank, and Best SME Bank.

Banking 111

Banking Foreign Exchange Profit and Loss Finance 111

PYMNTS

MAY 19, 2020

BlockFi said it was “able to confirm that no funds, passwords, social security numbers, tax identification numbers, passports, licenses, bank account information, nor similar non-public identification information was exposed as a result of this incident.”.

Foreign Exchange 84

Foreign Exchange Currencies Securities Numbers 84

PYMNTS

SEPTEMBER 22, 2020

The feature can connect to more than 11,000 financial institutions (FIs) and retains security through multifactor authentication and tokenization, Acumatica explained. ClearBank Dives Into Multicurrency Accounts Via API. In the U.K., In the U.K.,

Banking 110

Banking B2B Foreign Exchange Currencies 110

PYMNTS

JULY 9, 2019

This lack of insight into intercompany accounts can result in misstated financials, fraud and, overall, a lack of understanding into cash positions and allocations. The tool lets treasurers keep a single account for each currency, for example, or to group accounts based on product line or legal entity. Open Banking Opportunity.

Foreign Exchange 60

Foreign Exchange Banking Currencies Accounting 60

Global Finance

DECEMBER 9, 2024

One good recent example is in Ethiopia, where the central bank recently promulgated a number of new regulations that have made the foreign exchange market more competitive. In regard to country comparisons, South Africa is a huge financial market, accounting for US$400 billion. Fourth is Angola, with US$27 billion.

Marketing 98

Marketing Banking Finance Profit and Loss 98

PYMNTS

NOVEMBER 13, 2020

Osome connects small and medium-sized businesses to a digital business assistant app to automate accounting, payroll and tax compliance workflows. The company secured the funding from an unnamed angel investor, reports said. and Hong Kong. The company's seed funding is the largest-ever seen in the country and was led by Target Global.

B2B 91

B2B Banking Foreign Exchange Startups 91

PYMNTS

JUNE 30, 2019

And also in June, one day before the Libra news broke, MoneyGram and Ripple struck a two-year strategic partnership to use Ripple’s xRapid product and leverage the XRP cryptocurrency for foreign exchange settlements in MoneyGram’s cross-border payments.

B2B 109

B2B Currencies Foreign Exchange Transportation 109

CFO News Room

JANUARY 25, 2023

Policy rates were yanked to Zero Interest Rate Policy (ZIRP) levels, facilities were extended to provide liquidity to firms having difficulty selling securities in the primary and secondary markets, and direct lending to individuals and firms reached never-before-seen levels. If something worse is brewing, much sooner. Peter C.

Economics 130

Economics Foreign Exchange Finance Banking 130

PYMNTS

OCTOBER 10, 2019

Some of the account benefits include limitless spending, zero foreign exchange or transaction fees, with additional benefits through Mastercard World Elite such as a dedicated concierge service and other travel benefits.

Foreign Exchange 72

Foreign Exchange Manufacturing Leverage Securities 72

PYMNTS

OCTOBER 16, 2020

Consumers send funds by tapping or swiping payment cards, clicking a few buttons on banking websites or payment apps, or keying details into online checkout pages, which payees receive via bank accounts or digital wallets. Staying Secure. If I wanted to send money from Australia back to my parents in the U.S.,

Foreign Exchange 85

Foreign Exchange Compliance Currencies Banking 85

PYMNTS

SEPTEMBER 14, 2018

Foreign exchange solutions company OFX is expanding its services in the U.K. 13) that its Global Currency Account is now available to importers and exporters in the U.K. According to OFX, businesses buying and selling internationally would typically have to open bank accounts in multiple jurisdictions.

Accounting 40

Accounting Foreign Exchange Currencies eCommerce 40

PYMNTS

FEBRUARY 5, 2020

The Visa partnership offers users secure, cross-border payments in multiple currencies while taking advantage of Airwallex’s competitive foreign exchange rates. We have evolved to become a business account that will support the financial needs of today’s modern business.”.

B2B 71

B2B Foreign Exchange Currencies Valuation 71

PYMNTS

AUGUST 21, 2020

Yet as cross border trade picks back up, the foreign exchange and global payments needs of businesses will intensify. FXPress entered the market with a focus on cross-border payments and foreign exchange services. Beyond Payments Initiation. “But payments is just one side of the equation,” noted Conibear. .

Finance 69

Finance Foreign Exchange Currencies Banking 69

PYMNTS

AUGUST 14, 2020

“There are many requirements that are initially overlooked, and that’s where treasury teams can play a very important role,” he said, highlighting processes like establishing new bank accounts, securing new card acquirer and payment service provider relationships, and managing foreign exchange exposure – all of which occur in the DTC migration.

eCommerce 118

eCommerce B2C Treasury B2B 118

PYMNTS

AUGUST 22, 2018

is expanding the Sapphire credit card brand into new areas of personal finance, including checking accounts. According to a report in Reuters citing the company, the bank will change the Chase Premier Platinum accounts to Sapphire Banking accounts. Chase Premier Platinum accounts have a $75,000 minimum for deposits.

Accounting 40

Accounting Foreign Exchange Entertainment Banking 40

PYMNTS

MARCH 17, 2020

This is where open source technology has typically come to the rescue, in particular containerization and container orchestration technology based on the Kubernetes ecosystem, which allows FSI players to secure, manage and scale horizontally their payment processing functions across different computing environments. 1: Security.

Foreign Exchange 91

Foreign Exchange Securities Compliance Startups 91

Global Finance

OCTOBER 31, 2024

SMEs account for 16% of the bank’s business, or approximately $1.5 Additional bank offerings include Programa Preserva, a workshop-based program that promotes economic security through saving. Additional advancements include the integration of biometric signatures in branches and a time-saver for account openings. —LS

Banking 52

Banking Finance Construction Foreign Exchange 52

PYMNTS

JANUARY 28, 2021

As you progress, and digital assets start to integrate into finance, then you start to see companies looking to hedge [foreign exchange (FX)] exposure, or looking to reduce an emerging market currency volatility, by holding digital assets.”. “You’re starting to see the green shoots here,” said Sully. “As Embracing A New Paradigm.

Treasury 84

Treasury Foreign Exchange Accounts Payable Currencies 84

Creative CFP

OCTOBER 2, 2020

A couple of years into my career as a chartered accountant I started to wonder if I was still enjoying working in the finance industry. I was so consumed with day-to-day accounting tasks that I did not have time to monitor the financial health of businesses I was taking care of, or to provide valuable feedback to business owners.

Accounting 52

Accounting Finance Cash Flow Forecasting General Ledger 52

PYMNTS

OCTOBER 21, 2016

Funding rounds this week were all about the startups that help businesses get paid faster, through more channels, more securely, regardless of geographical location. Offering suppliers accounts receivable support to accept electronic payments from their corporate buyers, Nvoicepay focuses on faster, more secure B2B payments.

B2B 77

B2B Startups Foreign Exchange Investments 77

PYMNTS

NOVEMBER 9, 2016

Kristian Gjerding, founder and CEO of CellPoint Mobile , added that, if the blockchain initiative extends to other banks, the level of security provided by the blockchain is inherent without the need for a middle service, such as the ACH network. “If That will be the long-term benefit.”. That will be the long-term benefit.”.

Foreign Exchange 70

Foreign Exchange Banking Technology Securities 70

PYMNTS

MAY 19, 2020

The Security Service of Ukraine is reportedly holding a hacker for allegedly selling a database with 773 million email addresses and 21 million unique passwords, CoinDesk reported. The country’s parliament reportedly put forward a proposal to have digital currency as a part of foreign currency and “currency smuggling” rules already in place.

Foreign Exchange 59

Foreign Exchange Currencies Securities Numbers 59

CFO News Room

FEBRUARY 2, 2022

The securities/ financial instruments discussed in this material may not be appropriate for all investors. This material has been prepared for informational purposes only and is not an offer to buy or sell or a solicitation of any offer to buy or sell any security/financial instrument, or to participate in any trading strategy.

Concentration 130

Concentration Investments Securities Currencies 130

PYMNTS

AUGUST 16, 2018

According to Ripple , it will work like this: A financial institution (FI) that has an account with Bittrex would initiate a payment in U.S. dollars via xRapid, which instantly converts into XRP on Bittrex. Bittrex is one of the biggest names in digital asset trading in the U.S.

Securities 40

Securities Foreign Exchange Currencies Accounting 40

Global Finance

JUNE 6, 2024

Corda R3 Innovation: Digital Asset and Crypto Banking Offering Company: BBVA Switzerland The crypto- and digital-asset market is filled with friction and security risks. China’s securities depository, China Central Depository & Clearing Co. Additional modules can be activated and made available when needed.

Construction 109

Construction Compliance Cash Management Treasury 109

PYMNTS

MARCH 19, 2020

FinTechs and banks continue to develop new solutions to address many of the biggest pain points of global business payments, from speed to foreign exchange. While the global card solution can find a comfortable use case in corporate travel, using a supplier payment method in accounts payable (AP) remains a challenge for cards.

B2B 95

B2B Foreign Exchange Accounts Payable Currencies 95

PYMNTS

MAY 13, 2020

to China within only a few hours in order to secure a PPE shipment for healthcare providers. She and a group of volunteers are working to facilitate the procurement of PPE from that distributor for Boston-area hospitals, and so far have secured 1.4 The ability to quickly, securely and efficiently move funds within a day from the U.S.

Healthcare 81

Healthcare B2B Foreign Exchange Nonprofit 81

PYMNTS

NOVEMBER 16, 2018

RPA is igniting chatter in the corporate finance community as professionals explore next-level analytics and automation functionality to enhance processes like accounts payable, accounts receivable, cash flow management and more. Automation Anywhere. Existing backers, such as Xavier Niel, also participated in the funding.

Accounts Payable 77

Accounts Payable Currencies Foreign Exchange Startups 77

PYMNTS

OCTOBER 28, 2019

This new set of APIs offers users a way to “integrate their financial institutions, accounting and enterprise resource planning ( ERP ) systems and their account on GlobalPay,” according to the release. APIs also utilize the latest level of regulated European internet security: strong customer authentication (SCA).

Foreign Exchange 51

Foreign Exchange B2C Currencies B2B 51

PYMNTS

JUNE 4, 2019

In a press release, the two companies said the agreement meshes with Visa’s stated goal to make secure digital payments possible at home and when people are traveling. It will account for more than a fifth of the global eCommerce market.

Foreign Exchange 55

Foreign Exchange Currencies eCommerce Banking 55

PYMNTS

MARCH 6, 2019

Distributed ledger technology (DLT), in essence, is a distributed database that securely stores and organizes data. DLT enables real-time asset ownership, like cash, and can provide that access to shared data, such as files and account balances. Real-Time Window To Treasury Management.

Treasury 75

Treasury Auditing Foreign Exchange Pharmaceutical 75

PYMNTS

SEPTEMBER 4, 2019

B2B Pay plans to roll out API-enabled banking services, the ability to create an unlimited number of International Bank Account Numbers (IBANs), credit card processing and solutions related to cryptocurrency. to develop a solution for financial institutions to facilitate secure B2B payments for large-value, cross-border transactions.

B2B 59

B2B Banking Foreign Exchange Pharmaceutical 59

PYMNTS

FEBRUARY 24, 2020

The capital was secured by way of high customer demand and engagement, along with Revolut’s strong financial performance in the last two years. The focus will specifically hone in on product development that will garner more usage of accounts per day. The round placed Revolut’s value at $5.5

Foreign Exchange 52

Foreign Exchange Accounting Banking Numbers 52

PYMNTS

FEBRUARY 6, 2019

The product also mitigates the risk of geopolitical factors including foreign exchange inconvertibility and other FX risks, the cancelation of an import/export license, an import/export embargo and other issues. ”

Foreign Exchange 53

Foreign Exchange Invoicing Credit Risk Risk Management 53

PYMNTS

JANUARY 31, 2018

The announcement follows increased regulatory action — customs officers in South Korea announced on the same day that they had uncovered around $600 million in illegal cryptocurrency foreign exchange trading. Illegal foreign currency trading of 472.3 Illegal foreign currency trading of 472.3

Foreign Exchange 48

Foreign Exchange Currencies Finance Banking 48